Ecom Express, a prominent player in the Indian logistics sector, has filed for an initial public offering (IPO) worth up to Rs 2,600 crore ($310 million). The move comes as the company seeks to capitalize on the vibrant IPO market in India, which has seen substantial activity in 2024. The filing, submitted on Thursday, outlines …
Smartworks Coworking Spaces, the largest managed campus operator in India, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO will consist of a fresh issuance of equity shares worth Rs.550 crore, alongside an offer-for-sale (OFS) of …
Kalpataru, a leading real estate developer in the Mumbai Metropolitan Region, has taken a significant step toward expanding its financial resources by filing a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company aims to raise Rs 1,590 crore through an initial public offering (IPO). This marks a …
Generic drugmaker Emcure Pharmaceuticals is gearing up for its Initial Public Offering (IPO), scheduled to launch on July 3, 2024. This move follows the approval from the Securities and Exchange Board of India (SEBI) on June 20, 2024. Preliminary Steps and SEBI Approval The preliminary filings by Emcure Pharmaceuticals were submitted to SEBI in December …
The subscription for the Saraswati Saree Depot IPO reached 11.80x on the second day of bidding. The IPO combines a fresh issue of 0.65 crore shares aggregating ₹104.00 crores with an offer for sale of 0.35 crore shares aggregating ₹56.02 crores. Saraswati Saree Depot IPO price band has been set at ₹152 to ₹160 per …
Interarch Building Products Limited, a leading provider of turnkey pre-engineered steel construction solutions in India, is set to launch its Initial Public Offering (IPO) with a book-built issue size of Rs.600.29 crores. This IPO is a significant milestone for the company as it aims to expand its operational capabilities and strengthen its market position. IPO …
Nuvoco Vistas IPO Details The Nirma Group, founded by billionaire industrialist Karsanbhai Patel and known for its famous washing powder label, is making a major comeback to the domestic capital markets. Nuvoco Vistas Corporation Ltd, the Ahmedabad-based group’s cement arm, has filed its DRHP with SEBI to raise about Rs. 5,000 crores via an IPO, …
Laxmi Organic IPO will float into the market on March 15, 2021, as the twelfth IPO of the year. The issuer will launch a reduced offer of Rs 600 crores after it mopped up Rs 200 crores in a pre-IPO placement of equities. The issue containing Rs 300 crore each of fresh and OFS shares …
Saraswati Saree Depot is gearing up for its Initial Public Offering (IPO) with a total issue size of Rs 160.01 crores. The IPO, a mix of fresh issue and offer for sale, will open for subscription on August 12, 2024, and close on August 14, 2024. This IPO aims to raise capital to support the …
Senores Pharmaceuticals, a global research-driven pharmaceutical company, has filed a draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI), to float an IPO comprising a fresh issue and offer for sale (OFS). Senores Pharmaceuticals IPO to raise ₹500 crore via fresh issue, and the selling shareholders will …
